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Old Today, 12:50 AM
 
2,221 posts, read 2,158,181 times
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How did Minnesota lose to Iowa?

 
Old Today, 05:38 AM
 
Location: Outside US
1,669 posts, read 665,928 times
Reputation: 2250
Quote:
Originally Posted by ddeemo View Post
Source? basis? average? mean?

From 2018 Federal Reserve and FDIC data - the average American household had $175,510 in savings but the median American household had only $11,700 in savings.
I googled, no luck.

I forgot the definitional differences of "average" and, "median. "

Also, what's the defintion of "savings" In this statistic?
 
Old Today, 08:30 AM
 
Location: East of Seattle since 1992, originally from SF Bay Area
30,882 posts, read 56,271,189 times
Reputation: 32869
Quote:
Originally Posted by Returning2USA View Post
I googled, no luck.

I forgot the definitional differences of "average" and, "median. "

Also, what's the definition of "savings" In this statistic?
That's a good question. Cash in the bank is one thing, but retirement funds, 401Ks, IRAs, 457, and other investments are still savings.
 
Old Today, 08:33 AM
 
Location: Silicon Valley
3,908 posts, read 1,786,072 times
Reputation: 6594
I hope its beanie babies. That's the best way to save money.
 
Old Today, 08:38 AM
 
2,904 posts, read 1,889,859 times
Reputation: 6474
Quote:
Originally Posted by artillery77 View Post
I hope its beanie babies. That's the best way to save money.
My wife has 2 copies of each of the old McDonald’s ones in packages. They have to be worth a million or 3, right?

She also always tells me about how one she used to have was actually worth a lot but she gave it away to the children during hurricane Katrina.
 
Old Today, 09:46 AM
 
3,626 posts, read 2,452,349 times
Reputation: 2819
Quote:
Originally Posted by ddeemo View Post
Source? basis? average? mean?

From 2018 Federal Reserve and FDIC data - the average American household had $175,510 in savings but the median American household had only $11,700 in savings.
This kind of information is meaningless without considering age.
 
Old Today, 09:50 AM
 
74,650 posts, read 74,223,983 times
Reputation: 52103
it's meaningless anyway regardless of age .
 
Old Today, 12:51 PM
 
1,424 posts, read 511,949 times
Reputation: 4541
My back bedroom suite is STILL being retiled.. and the place is still a mess!
The reno will cost under $15k.
 
Old Today, 12:59 PM
 
Location: Here
2,669 posts, read 6,000,233 times
Reputation: 2698
Quote:
Originally Posted by HansProof View Post
How did Minnesota lose to Iowa?
"Poor tackling and missed assignments on those first three drives ultimately doomed the Gophers"
 
Old Today, 03:41 PM
 
Location: Kentucky
630 posts, read 352,947 times
Reputation: 2509
Spendings per family is $21,329.36
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